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Trinseo to shut down Stade, Germany polycarbonate production by end-2025
NEW YORK (ICIS)--Trinseo plans to shut down virgin polycarbonate (PC) production at its Stade, Germany, site by the end of 2025. The plan comes following discussions with relevant works councils. ... read more
MARGINS: Europe naphtha-based cracker margins up, LPG-based margins fall
LONDON (ICIS)--Naphtha-based cracker margins in Europe rose week on week while producers using liquefied petroleum gas (LPG) posted a decline, ICIS Margin Analysis showed on Monday. In the week to ... read more
Cintas Rental Location in Hattiesburg Certified as VPP Star Site
HATTIESBURG, Miss.--(BUSINESS WIRE)--OSHA's VPP Star Program recognizes Cintas location as a top worksite for safety and health management and practices. ... read more
Europe propane naphtha spread trading at its highest level since February 2023
LONDON (ICIS)--Liquefied petroleum gas (LPG) spreads to naphtha have narrowed further with the propane-naphtha spread now trading at its highest level in over 18 months. The front-month propane ... read more
EVENING SNAPSHOT – Europe Markets Summary
CRUDE: Front month Brent flat while later months rally as Middle East tensions rise. NAPHTHA: Firms on steady crude, crack spread. BENZENE: Edges up with crude in otherwise muted market. ... read more
Global base oils margins outlook: Week of 30 Sept
SINGAPORE (ICIS)--Global base oils margins outlook: Week of 30 Sept Global base oils values mostly stay high relative to feedstock/competing fuel prices even with recent drop in price differentials. ... read more
Morocco DAP, MAP exports rise in January-July 2024 year on year
LONDON (ICIS)--Moroccan exports of diammonium phosphate (DAP) increased by 20% in January-July 2024 year on year, according to customs data. Morocco exported a total of 1,893,013 tonnes of DAP in ... read more
GIF briefs
Croatia Production - Aspect Croatia Kft reported to the country’s Hydrocarbon Agency that it has discovered a gas deposit in the Sisak-Moslavina County, the Croatian ministry of economy and ... read more
California Sues ExxonMobil for Plastics Recycling Deceptions
Lawsuit filed by state attorney general seeks billions of dollars in damages. ... read more
EVENING SNAPSHOT – Europe Markets Summary
CRUDE: Lower as forecasts show European September manufacturing activity falling, weighing on sentiment. NAPHTHA: Drops following upstream weakness. BENZENE: Range stable, bids lower and offers ... read more
Kenvue impulsiona a estratégia de ação climática
SKILLMAN (EUA)--(BUSINESS WIRE)--A Kenvue Inc. (NYSE: KVUE) (“Kenvue” ou a “Empresa”), fabricante de marcas icônicas como Aveeno®, Listerine®, Neutrogena® e Tylenol®, está avançando em direção aos objetivos de mudança climática ... read more
FBMC WEEKLY: Secure French supply to drive strong power exports
ICIS (LONDON)-- Well above average wind power generation across most flow-based market coupling (FBMC) countries through week 39 will likely place pressure on Day-ahead prices. The French Day-ahead ... read more
Spain’s CNMC issues €1m fine for gas market manipulation
Spanish regulator fines market participant for artificially raising MIBGAS closing prices The manipulation involved submitting offers at high prices and low volumes in sessions’ final seconds ... read more
NBP to continue delivering below September ’24 expiry
Rolling NBP Day-ahead contract has been trading at a discount to the September ’24 expiry Fundamentals suggest the discount could continue to widen However, geopolitical uncertainty may support ... read more
Europe toluene bulk chemical consumption mainly focused on contracts
LONDON (ICIS)--Consumption of toluene in the European market is mainly progressing on a contractual basis for large quantities, particularly for downstream chemicals. Demand from downstream ... read more
Ukraine's D.Trading expects winter LNG deliveries
D. Trading CEO says Ukraine gas system to remain balanced over winter months, despite traders’ deficit fears Company expects to secure two cargoes before year end if consumption rises Further ... read more
Global base oils cargo flows: Week of 23 September
SINGAPORE (ICIS)--Global base oils cargo flows: Week of 23 September Larger-than-usual cargo loads combination of light and heavy-grade Group II base oils from Taiwan at start of this week. Size ... read more
CA Gov Signs Plastic Bag Ban Into Law
The new law eliminates a loophole in previous legislation that allowed grocery stores to provide thick plastic bags because they were deemed reusable. ... read more
INSIGHT: Little recovery in sight for key chemicals end markets this year
LONDON (ICIS)--It has been a rough year so far for many crucial chemicals end markets and the producers that supply them, and little relief is expected for the construction, automotive ... read more
Plans for 1GW Cyprus-Crete cable move ahead
Greece and Cyprus signed a framework of understanding for the Cyprus-Crete electricity interconnection The cable should end Cyprus’s energy isolation by connecting its electricity network to the EU ... read more
Europe butac spot prices decline for second week
LONDON (ICIS)--Butyl acetate (butac) spot prices in Europe softened for the second consecutive week, with activity subdued owing to wider economic weakness. Butac prices declined to ... read more
ATOME receives NBOs for Paraguay green fertilizer project
LONDON (ICIS)--The UK's ATOME Energy has received written detailed non-binding offers (NBOs) regarding its Paraguay green fertilizer project. Final costings for the construction of the Villeta ... read more
Europe PVC contract talks for September center on increases as availability tightens
LONDON (ICIS)--Polyvinyl chloride (PVC) contract negotiations for September have centered on significant increases in Europe, as import availability is tight and producers are separately aiming to ... read more
CREO Group, Inc. Acquires United Solutions, Marking a Significant Milestone in its Growth Strategy
KISSIMMEE, Fla.--(BUSINESS WIRE)--CREO Group, Inc. (“CREO Group”), a portfolio company of Mill Point Capital LLC (“Mill Point”) and a leading sustainable horticulture packaging solutions provider, proudly announces the acquisition of ... read more
Europe naphtha margins steady, gasoline rebounds on increased demand
LONDON (ICIS)--Europe naphtha refinery margins have stayed firm while the gasoline crack spread rose sharply this week, largely gaining on the back of improved buying interest from export markets and ... read more
Germany Chemical Licensing Market Forecast 2024-2029, Featuring Mitsubishi Gas, ExxonMobil, Eastman Chemical, Dow, Merck Millipore, Valtris Specialty Chemicals, RUDOLF, Huntsman and Nova Chemicals – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Germany Chemical Licensing Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering. Germany's chemical licensing market is expected to grow at a CAGR ... read more
Plastics Industry Continues to Outperform Manufacturing as a Whole
Plastics Industry Association Chief Economist Perc Pineda is cautiously optimistic for 2025. ... read more
Europe feedstocks and petrochemicals weekly summary
LONDON (ICIS)--Here is a summary of major feedstocks and petrochemicals in Europe for the week ended 20 September. Crude: Higher on hopes US interest rate cut will boost economic activity, ... read more
Europe acetone spot prices edge down in unclear market
LONDON (ICIS)--Once again this week there was a mix of prices reported in the European acetone spot market. While some saw pricing levels as steady, others noted softer prices at ... read more
WEEKLY POWER OUTLOOK: Italy to attract strong power imports through week 39
LONDON (ICIS)--Italy is set to attract a large volume of power imports as spot prices are likely to be the most expensive. The Italian Week 39 ’24 was last assessed ... read more
Methane reduction still a bumpy road – Piebalgs
Regulations – including limiting methane emissions on gas imports to the EU – and support from more reliable monitoring technology are needed to avoid emergency measures in the next decade, ... read more
WEEKLY GAS OUTLOOK: Bearish drivers to pressure gas in week 39
LONDON (ICIS)--European gas contracts are likely to follow a bearish trajectory in week 39 as fundamentals indicate improved supply and limited demand. A period of heavy Norwegian maintenance will ... read more
New Beginnings for End-of-life Auto Plastics at LyondellBasell Recycling Center
The resin supplier tackles end-of-life challenges in durable goods by investing in a new recycling center in Germany. ... read more
Ag-West Bio Invests in Saskatchewan Startup Focused on Diverting Waste From Landfills to Create Valuable Bioproducts
SASKATOON, Saskatchewan--(BUSINESS WIRE)-- #agriculture--Ag-West Bio invests $300K into NULIFE GreenTech, a Saskatchewan startup that transforms waste into sustainable biocrude oil. ... read more
German economy stalls, may be in technical recession
LONDON (ICIS)--Germany’s GDP stalled or even declined in the current Q3, meaning that after it shrank 0.1% in Q2 Europe’s largest economy may already be in a technical recession, data ... read more
Turkey’s SASA increases PET, PTA capacity amid delicate market dynamics
LONDON (ICIS)--SASA’s new 1.5 million tonnes/year purified terephthalic acid (PTA) plant in Adana, Turkey is on target to start up in December, a company source said. Potential grows for more ... read more
Plant status: Force majeure lifted at Indorama's Spain PTA plant
LONDON (ICIS)--Here is a plant status report: Name: Indorama Ventures Location: San Roque, Spain Product: Purified terephthalic acid (PTA) Capacity (tonnes/year): 325,000 Event start: 14 August Event ... read more
Safety Front and Center at The Battery Show Sessions
Attend these panel discussions and technical sessions to get up to date on battery safety issues and developments. ... read more
Mold Texturing Pitfalls and Solutions
How to avoid last-minute delays caused by tool cavity segregation, inaccurate scribes, post-grain scuff, and other engraving challenges. ... read more
Graco Announces Regular Quarterly Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Graco Inc. (NYSE:GGG) has declared a regular quarterly dividend of 25.5 cents ($0.255) per common share, payable on November 6, 2024, to shareholders of ... read more
Update to ICIS Topics: Storm Season 2024 and impact on chemicals
Visit the Storm Season 2024 and impact on chemicals topic page for latest updates and analysis on storms impacting chemicals markets across the globe. Updates operations, including Olin and NOVA ... read more
Coke Florida Celebrates Hispanic Heritage Month, Providing Access to Educational, Technology Resources
TAMPA, Fla.--(BUSINESS WIRE)--Coke Florida Celebrates Hispanic Heritage Month, Providing Access to Educational, Technology Resources ... read more
Europe feedstocks and petrochemicals weekly summary
LONDON (ICIS)--Here is a summary of major feedstocks and petrochemicals in Europe for the week ended 13 September. Crude: Higher on supply fears as US Gulf output is disrupted by ... read more
WEEKLY POWER OUTLOOK: Stronger winds to pressure prompts in week 38
LONDON (ICIS)-- Above average wind power output and warmer temperature forecasts should pressure European power prompt prices during week 38, with front-week contracts further dropping from ... read more
Momentum of Stratasys’ F3300 Printer Indicates Global Manufacturers Are Turning to AM to Solve Their Toughest Production Challenges
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys (NASDAQ: SSYS) announced today that it has already received more than 30 orders for its advanced F3300™ industrial 3D printer since its launch. ... read more
Protolabs Expands 3D Printing Options with Hybrid PhotoSynthesis Technology
MINNEAPOLIS--(BUSINESS WIRE)--Digital manufacturing leader Protolabs expanded its 3D printing capabilities today with the launch of an advanced photopolymers technology. Axtra3D Hybrid PhotoSynthesis (HPS) offers highly repeatable and finely detailed 3D ... read more
Europe top stories: weekly summary
LONDON (ICIS)--Here are some of the top stories from ICIS Europe for the week ended 6 September. EU chemicals production gradually firming, short of recovery levels – Cefic Chemicals production ... read more
Lançamentos 2024 da Eucatex, presidida pelo executivo Flavio Maluf, entregam inovação, tecnologia e sustentabilidade
SÃO PAULO--(BUSINESS WIRE)--Pelo menos três novos produtos com foco em inovação, tecnologia e sustentabilidade passam a fazer parte, este ano, do portfólio de produtos da Eucatex — que, liderada pelo ... read more
Europe PTA buyers hold back amid weaker import and feedstock prices
LONDON (ICIS)--There was continued evidence of downward pressure on purified terephthalic acid (PTA) in Europe, following the recent drop in feedstock paraxylene (PX) prices, hesitant demand in ... read more
Europe PS and EPS contract price negotiations underway for September
LONDON (ICIS)--Contract price negotiations for September have started this week in the Europe polystyrene (PS) market and expandable polystyrene (EPS) market since upstream styrene prices have ... read more

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KAVI IS iCOMMEX Platform v 02.25 Sunday, October 6, 2024

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